The Competition Law & Economics of Electricity Market Regulation.
Price correlations are used to delineate the geographic market in two recent Danish electricity cases. They indicate that power generators hold temporally transitory and irregularly intermittent dominant positions. Calculation of the Lerner index reveals that they abused this position. The Danish Competition Authority decided to settle this case by agreement for reasons explained. We finally indicate how economics may be used pro-actively to achieve a better market design.
Year of publication: |
2003-07
|
---|---|
Authors: | Møllgaard, Peter ; Nielsen, Claus Kastberg |
Institutions: | Centre for Industrial Economics (CIE), Økonomisk Institut |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Government-Assisted Oligopoly Coordination? A Concrete Case
Albæk, Svend, (1997)
-
Competition Policy and Innovation
Møllgaard, Peter, (2005)
-
Information Exchange, Market Transparency and Dynamic Oligopoly
Overgaard, Per Baltzer, (2005)
- More ...